Hotis Othon (Brazil) Market Value
| HOOT4 Preferred Stock | BRL 2.56 0.04 1.54% |
| Symbol | Hotis |
Hotis Othon 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hotis Othon's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hotis Othon.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Hotis Othon on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Hotis Othon SA or generate 0.0% return on investment in Hotis Othon over 180 days. Hotis Othon is related to or competes with Inepar SA, HAGA SA, and Refinaria. It operates 1,928 apartments in 12 hotels in the Rio Janeiro, So Paulo, Belo Horizonte, Salvador, Fortaleza, Natal and R... More
Hotis Othon Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hotis Othon's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hotis Othon SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.86 | |||
| Information Ratio | 0.0134 | |||
| Maximum Drawdown | 17.5 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 3.83 |
Hotis Othon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hotis Othon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hotis Othon's standard deviation. In reality, there are many statistical measures that can use Hotis Othon historical prices to predict the future Hotis Othon's volatility.| Risk Adjusted Performance | 0.0437 | |||
| Jensen Alpha | 0.124 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0128 | |||
| Treynor Ratio | (5.24) |
Hotis Othon SA Backtested Returns
Hotis Othon appears to be risky, given 3 months investment horizon. Hotis Othon SA holds Efficiency (Sharpe) Ratio of 0.0905, which attests that the entity had a 0.0905% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hotis Othon SA, which you can use to evaluate the volatility of the firm. Please utilize Hotis Othon's Downside Deviation of 2.86, risk adjusted performance of 0.0437, and Market Risk Adjusted Performance of (5.23) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hotis Othon holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.0233, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hotis Othon are expected to decrease at a much lower rate. During the bear market, Hotis Othon is likely to outperform the market. Please check Hotis Othon's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Hotis Othon's current trending patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Hotis Othon SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Hotis Othon time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hotis Othon SA price movement. The serial correlation of -0.17 indicates that over 17.0% of current Hotis Othon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Hotis Othon SA lagged returns against current returns
Autocorrelation, which is Hotis Othon preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hotis Othon's preferred stock expected returns. We can calculate the autocorrelation of Hotis Othon returns to help us make a trade decision. For example, suppose you find that Hotis Othon has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hotis Othon regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hotis Othon preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hotis Othon preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hotis Othon preferred stock over time.
Current vs Lagged Prices |
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Hotis Othon Lagged Returns
When evaluating Hotis Othon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hotis Othon preferred stock have on its future price. Hotis Othon autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hotis Othon autocorrelation shows the relationship between Hotis Othon preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Hotis Othon SA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hotis Preferred Stock Analysis
When running Hotis Othon's price analysis, check to measure Hotis Othon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hotis Othon is operating at the current time. Most of Hotis Othon's value examination focuses on studying past and present price action to predict the probability of Hotis Othon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotis Othon's price. Additionally, you may evaluate how the addition of Hotis Othon to your portfolios can decrease your overall portfolio volatility.